The Liberal Party has officially abandoned its target of net zero emissions by 2050 after the policy caused a rift among MPs. While the target will no longer form part of the Liberals' wider climate policy, they have agreed to stay in the 2015 Paris Agreement.
Breakdown
- The Liberal Party officially removes the net zero by 2050 target from its platform, focusing on energy affordability and emissions reduction. 4s
- Party moderates are outnumbered by conservatives, leading to internal compromise and a show of force from leadership contenders. 18s
- The party pledges to support extending the life of coal-fired power stations, while critics warn the move could harm Australia's international reputation. 1m 18s
- Liberal leader Susan Lee guarantees that energy prices will be lower under a Liberal government, but her leadership is described as vulnerable. 1m 55s
- The Liberals will seek a joint coalition energy policy with the Nationals, both aligned on abandoning net zero, as they aim to regain voter support. 2m 38s